Investing in livestock agriculture can meet Bangladesh’s growing food demands and stop poverty, a conference heard on Saturday. Poultry, Cattle and Sheep Can End Bangladesh Hunger
Economic profits can be increased through animal husbandry which can then improve socioeconomic conditions gradually, Gaibandha farmers were told.
Farming cattle, sheep, goats, ducks, pigeons and chickens can play a “vital role”. Speakers also stressed the importance of building skills so communities could adapt their holdings to livestock agriculture.
Spe...
The dollar remained at its all time high level at Tk 77.95 per unit against Bangladesh taka in interbank trade on Monday due to stiff demand from importers. This helped the local currency to gain some points against the euro, pound sterling and other EU currencies, dealers said.
Meanwhile, the dollar fell in Asia today after a report revealed a decline in US wages that could dampen consumer spending and delay an interest rate increase. Japanese financial markets were closed for a public holiday, dealers said, the Daily Observer reports.
In the domestic market, despite the country-wide political tension over the blockade programme of opposition political parties, interbank market remained active with higher volume of transactions after the resume of operations in international fore...
Country’s state grains buyer issued another tender on Monday to buy 50,000 tonnes of wheat, the latest of a series, as it steps up efforts to build reserves, officials from the state agency said.
The imports are part of a plan by the Directorate General of Food,
the state agency, to ship in 900,000 tonnes of wheat in the current financial year that will end in June.
The deadline to submit offers under the latest tender is Jan. 22, with validity up to Feb. 5, and the wheat is to be shipped within 40 days of signing the contract.
The latest tender com...
Glencore International made the lowest offer of $279.75 a tonne in a tender to sell 50,000 tonnes of wheat to Bangladesh, an official from the state grains buyer said on Wednesday.
The only other participant in the tender, opened late on Tuesday, was Olam International, which offered $309 a tonne, including freight, insurance and other expenses.
This was the fourth international wheat purchase tender issued by the Directorate General of Food since the current financial year started in July.
The state grains buyer plans to import 900,000 tonnes of wh...
The last week of the year observed some appreciation of greenback against Taka. USD/BDT traded around Tk 77.95 levels in the last days of the week.
Foreign exchange reserve was $22.30 billion on the last day of the week.
Market experts foresee a stable tone in USD/BDT exchange at the beginning of New Year. Market will receive higher amount of wage earners remittance along with conversions from RMG sector which might ease off the pressure on greenback.
The average daily inter-bank USD/BDT transaction volume was about $20.91 million against around...
Tea prices in Bangladesh fell at the weekly auction on Tuesday, snapping a seven-week run of gains, on subdued demand and lower supply of premier-quality leaf.
Bangladeshi tea fetched an average 191.02 taka ($2.40) per kg, compared with 192.96 taka at the previous sale, said an executive with National Brokers Ltd.
About 2.23 million kg was offered at the auction centre in Chittagong, of which 24 percent went unsold. In the previous auction, nearly 2.3 million kg was offered, with nearly 17 percent remaining unsold.
There was less demand from loc...
Economic profits can be increased through animal husbandry which can then improve socioeconomic conditions gradually, Gaibandha farmers were told.
Farming cattle, sheep, goats, ducks, pigeons and chickens can play a “vital role”. Speakers also stressed the importance of building skills so communities could adapt their holdings to livestock agriculture.
Spe...
